FIX in the News

FIX Trading Community, the non-profit standards body, aims to distribute new data flags for equities in the second quarter which could be integrated in a consolidated tape and create a golden source of European data. Graham Dick, FIX co-chair for consolidated tape working group and chief executive of Aquis Exchange Europe in Paris, told Markets Media that FIX set up...

ESG (Environmental, Social, and Governance) is rapidly becoming the key topic of 2019. News that the European Commission has now formally incorporated new legislation on sustainability disclosures1 will only speed up adoption of ESG factors within the investment process. Asset managers will not only be required to integrate and disclose sustainability risks within their portfolios but will also be required...

Cybersecurity threats, not surprisingly, continue to be top of capital markets agenda but they are becoming increasingly difficult to thwart. They are not only growing in number but also in sophistication. Cutting edge technology is a critical part of the defence but both buy and sell-side firms must also bolster their organisational frameworks as well as educational training for employees....

To get a good deal in fast-moving FX markets, buy-side firms need to know the time. Some of them don’t Flavor Flav, the hype man for hip-hop superstars Public Enemy, famously wore a large clock around his neck, so he knew what time it was. He would not have been a success in modern foreign exchange markets, where participants increasingly...

Last week at the FIX Trading Community’s Americas Trading Briefing in Boston, broker-dealers, asset managers and vendors came together at an event hosted by State Street Global Markets to discuss key issues facing the financial services industry. Three panels convened, with topics ranging from the rise of outsourced trading to the FIX protocol’s role in post-trade processes. Attendees left with...

Published 30 Oct 2019 Author: Alice Tchernookova Subscribe to read the full article here

On October 3rd, FIX Trading Community along with RBC Capital Markets will host the New York Regional Meeting. This evening event provided delegates with a regional update, followed by a panel debate and close with networking drinks.  The panel topic was ‘The Growing Impact of Artificial Intelligence (AI) in Financial Services’.   “None of us here believe we are anywhere close to...

Earlier this year at the FIX EMEA Trading Conference, Keynote Speaker Verena Ross, Executive Director, ESMA, discussed the fact that ESMA would be reopening the discussion around the need for quality market data and data standards. Since no consolidated tape provider had naturally emerged, ESMA would revisit the subject and if necessary, would look to mandate the provision of a consolidated...

Market data consumers will still have to buy feeds from the providers, says FIX co-chair. Even if a European consolidated tape is built, trading participants will still have to buy market data feeds from the data vendors, says Matthew Coupe, co-chair of the EMEA regional committee and EMEA regulatory subcommittee at industry body FIX Trading Community. A consultation paper from...

A FIX to the Post-Trade World Traders Magazine Online News, August 9, 2019 Tom Jordan At the FIX Trading Community event in Chicago on July 25, 2019 hosted by Itiviti at The Library at 190 South LaSalle, a panel of five professionals from a large asset management firm, a large bank and technology providers were surrounded by 50,000 volumes of...